Unicef has published a detailed report on the
financial and material situation of the population in Georgia.

As it turned out, in 2017 the number of extremely poor
people in Georgia increased by 108,000 compared to 2015 while people in poverty-
by 124,000. Accordingly, extreme poverty increased by 2, 9%, total poverty by
3, 3%.

By the pension amount, Georgia is on the bottom of the
list along with Moldova .

The pension in Georgia is lower than in Armenia, where
it amounts to GEL 230.

According to Unicef, in 2015 18% of Georgia’s population lived below the national poverty
level, of which 2% were extremely poor.

The devaluation of the national currency and inflation
exceeded the number of extremely poor by
6% from 2% to 5%.

32% of Georgia’s population are poor, 37% are near the poverty line, that is the total number of poor
people makes 69%. 24% of the population live in poverty, and only 7% represent the
country’s middle class.

Georgia has also the highest level of the debt burden
of individuals in the region: 16.6% - in
Turkey, 6.7 percent- in Armenia, 18.5% -
in Russia, and 24.6 percent - in
Georgia.